COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 1885-01

Bill No.: Perfected SB 577

Subject: Property - Real and Personal; Easements and Conveyances; Governor and Lt. Governor; Administration, Office of

Type: Original

Date: April 1, 2003




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON OTHER STATE FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on Other

State Funds

$0 $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 pages.











ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Local Government $0 $0 $0




FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of the Governor, the City of St. Joseph, and the Office of Administration, Division of Design and Construction assume this proposal would have no direct fiscal impact to their organizations.



Although they did not respond to our request for information, in response to a similar proposal, officials from the Office of the Attorney General assumed that any costs associated with the proposal could be met from existing resources.



Oversight assumes the conveyance of title would be at the fair market value of the property and has shown no fiscal impact to the state or the city.



FISCAL IMPACT - State Government FY 2004

(10 Mo.)

FY 2005 FY 2006
$0 $0 $0



FISCAL IMPACT - Local Government FY 2004

(10 Mo.)

FY 2005 FY 2006
$0 $0 $0



FISCAL IMPACT - Small Business



No direct fiscal impact to small businesses would be expected as a result of this proposal.



DESCRIPTION



This proposal would authorize the conveyance of an easement in the form of a right of way in the City of St. Joseph.

This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.



SOURCES OF INFORMATION



Office of the Governor

Office of Administration

Division of Design and Construction

City of St. Joseph



NOT RESPONDING



Office of the Attorney General





Mickey Wilson, CPA

Director

April 1, 2003